NASDAQ:NU News 21 January 2026

January 21, 2026, 12:35 PM EST. Netflix shares dropped 4% after its Q4 earnings narrowly beat expectations with 18% revenue growth and a 30% jump in earnings per share. The global streamer reported a rise in free cash flow to $9.5 billion for 2025 but gave conservative 2026 guidance, projecting 14% revenue growth and $6 billion free cash flow. Notably, Netflix-branded original content viewing increased by 9%, and advertising sales soared over 150% in 2025, aiming to double ad revenue in 2026. India emerged as a key market, becoming the second-largest source of paid subscriptions. Despite a 38% stock decline, Netflix trades at 26 times forward earnings, offering investors potential amid its expansion into advertising, gaming, live events, and a possible Warner Bros. Discovery content deal.